Civic coin will make you rich. Here is why.
At the time of writing this, the civic coin had risen 52.23% and had over $158Million volume amidst a bearish Alt market. With just a market cap of $83,693,422 USD, its insane to imagine that CIVIC token could take such insane strides.
Historical analysis
The year was 2017 in September when CVC launched. This was also the same time when the entire financial world was rocked with all the buzz and news about cryptocurrencies. Bitcoin was hitting ATH(All time highs) and so was the Alt space. ICOs were a thing and so did so many scam ICOs.
Thats the same time Vinny Lingham took the bold step to launch a ICO alongside his partner Jon(@jonthepilot on twitter).
To ably convince investors, they made a sophisticated and bold claim by offering a $1 Million USD Cryptocurrency Protection Guarantee for your Bitcoin. Whether it’s a lost phone or a failure on the part of Civic, all funds would still be recoverable.
Civic also stated that they took care of the hard parts about managing a digital wallet where there was no need for passwords or seed phrases.
Price check: 0.00015700 Date: August 2017.
But then the ugly happened. For almost 3 years, the CVC price plummeted by over 70% with all time low of $0.010813 USD on March 13th 2020. Skeptics on my twitter handle were quick to regard CVC a dead coin.
Why The rise Now.
I believe the abrupt bullish tendency of CVC (Civic) can be attributed to the promise of keeping people’s data private. Today, thousands of people are looking for to enter the cryptocurrency space, buy and hodl (hold) bitcoin and other cryptocurrencies. However, the need to stay private and buy crypto anonymously is reason that people are opting for the CVC wallet.
Since Civic offer the right tools of control, access and privacy, it’s no brainer that whoever holds CVC token for some more time will eventually reap huge benefits. The 52% gain is simply the start. A great analyst in one telegram channel even stated that CVC has the potential to go back to its ATH(All time high) of $1.9 and double it too. If that is anything to go by, then any crypto investor would buy the dip on exchangers like Binance.
In my cryptocurrency class where I train people on how to trade and thrive in cryptocurrencies, I noted that ALTS are at their all time low now. Buying the dip while bitcoin is hitting its ATH could be the best decision to take.
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